-The Hindu Business Line No crop diversification efforts will work so long as free electricity offsets the costs of pumping out groundwater Subsidies have for long been a necessary evil, a vote-bank silver bullet. But its relevance stands challenged in today’s increasingly market-oriented economic order. The recent US declaration of giving differential treatment to developing countries, with regard to farm subsidies, brings up the long standing issue of slashing subsidies that have...
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Unorganized sector may get complete medical care under ESI scheme -Mahendra Singh
-The Times of India NEW DELHI: Rickshaw pullers, autorickshaw drivers, Anganwadi and Asha workers and other such vulnerable groups may get complete medical care (from primary to tertiary) under the umbrella of employee's state insurance (ESI) scheme. They may also be entitled for a range of cash benefits during exigencies arising out of their jobs such as death, injury, disablement, maternity and unemployment as guaranteed to workers in organized sector under the...
More »Forget Inflation Targeting -Prem Shankar Jha
-The Indian Express It has only managed to kill manufacturing and employment growth In the 1950s, misapplied economic policies gave India one of the lowest growth rates in the world for 30 years, and left it behind East and Southeast Asia. Now another set of policies is completing its economic ruin. The architect of this is the RBI and its instrument of choice, the interest rate. Indian business has been begging for a...
More »In the name of the farmer -Sukhpal Singh
-Livemint.com Effective policy changes at the state-level are needed as this is where the problem and its solutions lie—and not in a National Agricultural Market There have been many attempts at alleviating the pain of the farmer in India, be it natural calamities or market risks, but nothing seems to work, and the problems of farmer distress and indebtedness continue to grow. For some time now, there has been a focus...
More »Rural deprivation -Indira Rajaraman
-Livemint.com The problem with the SECC is the absence of cross-tabulations showing the intersections between the seven deprivation sets The original intent of the Socio-Economic and Caste Census (SECC), whose findings for rural India were made public in June, was to collect information on economic and caste identifiers for access to subsidized food under the National Food Security Act of 2013, and to define a priority set with higher access and...
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